O85-01ORDINANCE NO. 85.-/
AN ORDINANCE OF THE CITY COUNCIL OF
THE CITY OF BOYNTON BEACH, FLORIDA
AUTHORIZING THE ISSUANCE, SUBJECT
TO THE ELECTION HEREIN PROVIDED
FOR, OF NOT EXCEEDING $2,650,000
BONDS OF THE CITY OF BOYNTON BEACH,
FLORIDA, FOR PROVIDING FUNDS, TOGETHER
WITH ANY OTHER AVAILABLE FUNDS, FOR ..........
PAYING THE COST OF ACQUIRING AND
CONSTRUCTING PUBLIC SAFETY FACILITIES
IN THE CITY OF BOYNTON BEACH CONSISTING
OF THE CONSTRUCTION OF ADDITIONS TO THE
EXISTING POLICE AND FIRE STATIONS, THE
CONSTRUCTION OF A NEW SATELLITE FIRE
STATIiON, THE CONSTRUCTION OF PARKING
FACISITIES TO SERVICE SUCH PUBLIC
SAFE~Y FACILITIES~ TOGETHER WITH
ANYE!QUIPMENT AND FURNISHINGS
NECESSARY OR DESIRABLE INCONNECTION
THEREWITH: AND DECLARING THAT THIS
ORDINANCE SHALL TAKE EFFECT IMMEDIATELY
UPON ITS ADOPTION.
WHEREAS, it is necessary that the City of Boynton
Beach acquire and construct public safety facilities in The
City of Boynton Beach consisting of the construction of
additions to the existing police and fire stations, the
construction of a new satellite fire station, the Construction
of parking facilities to serve such public safety facilities,
together with any equipment and furnishings necessary or
desirable in connection therewith; and
WHEREAS, to pay all or a part of the cost of the
above, it is necesary to issue the-bonds of the City as
hereinafter provided; NOW, THEREFORE,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
BOYNTON BEACh, FLORIDA:
Section 1. For the purpose of providing funds,
together with any other available funds, for paying the cost
of acquiring and constructing public safety facilities in
The City of Boynton Beach consisting of the construction of
additions to the existing police and fire stations, the
construction of a new satellite fire station, the construction
of parking facilities to service such public safety facilities,
together with any equipment and furnishings necessary or
desirable in connection therewith, there shall be issued,
subject to the election hereinafter provided for bonds of
the City of Boynton Beach, Florida in an aggregate principal
amount not exceeding Two million Six Hundred Fifty thousand
dollars (2,650,000),~ maturing at such time or times not
exceeding thirty (30) years from their date or dates as may
be determined by the City Council, and bearing interest at a
rate or rates not exceeding the maximum rate then permitted
by law, and to be payable from unlimited ad valorem taxes.
Section 2. A special election is hereby called to
be held on March 12, 1985 in conjunction with the regular
municipal election to be held on such date, for the purpose
of submitting to the qualified electors of the City the
question whether such bonds shall be issued.
Section 3. This ordinance shall be read in full
at two separate meetings not less than ten (10) days apart
and shall at least seven (7) days prior to its passage on
second reading be noticed once in a newspaper of general
circulation in the City of Boynton Beach, which notice shall
state the date, time and place of ahe meeting at which this
ordinance, will be passed on second reading, the title of
this ordinance, the place where this ordinance may be
inspected by the public and shall also advise that interested
parties may appear at said meeting and be heard with respect
to this ordinance.
Section 4. This ordinance shall take effect
immediately upon its adoption.
FIRST READING this
SECOND READING and
t
FINAL PASSAGE this /~day of
~ITY OF BOYNTON BEACh, FLORIDA
ATTEST:
(Corp. Seal)
Mayor
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